Price Hike, Financial Results, Technical Update, Dividend, and First Delivery under New Program - Research Reports on Keurig, Hormel, Coach, Foot Locker and Kandi
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NEW YORK, August 26, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Keurig Green Mountain Inc. (NASDAQ: GMCR), Hormel Foods Corp. (NYSE: HRL), Coach Inc. (NYSE: COH), Foot Locker, Inc. (NYSE: FL) and Kandi Technologies Group Inc. (NASDAQ: KNDI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5976-100free.
Keurig Green Mountain Inc. Research Reports
On August 14, 2014, Keurig Green Mountain Inc. (Keurig) announced a price hike of up to 9% on all portion packs sold by Keurig for use in its Keurig® brewing systems and on all its conventional bagged, fractional packs, and bulk coffee products, with effect from November 3, 2014. The Company stated that it hiked prices due to multiple factors which were affecting the cost environment in the coffee and consumer packaged goods industries, generally, including a sustained increase in the price of green coffee and cocoa, along with increases in packaging materials, energy, and transportation costs. Further, Keurig reported that green coffee prices surged nearly 55%. John Whoriskey, President of U.S. Sales and Marketing at Keurig, said, "Many of our competitors already have implemented price increases in light of the reality of sustained input cost increases. After careful review, we determined that it is necessary for us to adopt a small price increase in light of these higher costs." The full research reports on Keurig are available to download free of charge at:
http://www.analystsreview.com/Aug-26-2014/GMCR/report.pdf
Hormel Foods Corp. Research Reports
On August 21, 2014, Hormel Foods Corp. (Hormel Foods) reported Q3 FY 2014 (period ended July 27, 2014) net sales of $2.28 billion, up 5.8% YoY. During the quarter, the Company's operating profit improved 18.7% YoY to $214.5 million. Q3 FY 2014 net earnings attributable to Hormel Foods came in at $138.0 million or $0.51 per diluted share, compared to net income of $113.6 million or $0.42 per diluted share in Q3 FY 2013. Analysts polled by Thomson Reuters expected the Company to report Q3 FY 2014 EPS of $0.48 (excluding special items), while Wall Street expected revenues of $2.23 billion. The Company's 39 weeks (period ended July 27, 2014) net sales improved 5.4% YoY to $6.8 billion, while net income attributable to Hormel Foods over the same period stood at $431.4 million, up 17.0% YoY. The full research reports on Hormel are available to download free of charge at:
http://www.analystsreview.com/Aug-26-2014/HRL/report.pdf
Coach Inc. Research Reports
On August 21, 2014, shares in Coach Inc. (Coach) declined 0.33% to end the trading session at $36.79, underperforming the S&P 500 that moved up 0.29% over the same trading session. Coach's stock initiated the session at $36.89 and oscillated in the range of $36.58 - $37.13. The stock has a 52-week high of $57.95 and a 52-week low of $33.39. Over the past one month, the stock has returned 7.20%, outperforming the S&P 500 that returned 0.95% over the same period of time. The full research reports on Coach are available to download free of charge at:
http://www.analystsreview.com/Aug-26-2014/COH/report.pdf
Foot Locker, Inc. Research Reports
On August 18, 2014, Foot Locker, Inc.'s (Foot Locker) Board of Directors declared a quarterly cash dividend on the Company's common stock of $0.22 per share, payable on October 31, 2014 to shareholders of record on October 17, 2014. The recently announced dividend is unchanged from the dividend announced in the previous quarter. The full research reports on Foot Locker are available to download free of charge at:
http://www.analystsreview.com/Aug-26-2014/FL/report.pdf
Kandi Technologies Group Inc. Research Reports
On August 18, 2014, Kandi Technologies Group Inc. (Kandi) announced that it has delivered the first 208 Kandi brand electric vehicles (EV) as the official launch of Shanghai Jinshan public pure EV sharing program and Long-term Group Leasing Program. The Company stated that ZuoZhongYou (Shanghai) Electric Vehicle Service Co., Ltd. (ZZY-Shanghai), which was formally established on June 16, 2014 in Shanghai by Zhejiang ZuoZhongYou Electric Vehicle Service Co., Ltd. (ZZY), hosted a launching ceremony at Jinshan District in Shanghai on August 14, 2014. Further, all of 208 EVs were sent to rental stations in Zhu Jing, Shi Hua, Feng Jing and Ting Lin, four towns at Jinshan for users' immediate use. Kandi, through its 50% ownership interest in Kandi Electric Vehicles Group Co., Ltd. (the JV Company), indirectly holds a 9.5% interest in ZZY. The full research reports on Kandi are available to download free of charge at:
http://www.analystsreview.com/Aug-26-2014/KNDI/report.pdf
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